{"id":93608,"date":"2016-07-28T08:12:03","date_gmt":"2016-07-28T12:12:03","guid":{"rendered":"http:\/\/countingpips.com\/?p=93608"},"modified":"2016-07-28T08:12:03","modified_gmt":"2016-07-28T12:12:03","slug":"usdjpy-pinbar-confluence-formed","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/07\/usdjpy-pinbar-confluence-formed\/","title":{"rendered":"USD\/JPY Pinbar confluence formed"},"content":{"rendered":"<div id=\"inves-3785281200\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">July 28, 2016<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><b>By Admiral Markets<\/b><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/fxmedia.s3.amazonaws.com\/articles\/2016-07-28_13-39-11.jpg\"><\/p>\n<p>The USD\/JPY aka &#8220;The Ninja&#8221; is in downtrend but after latest reports from BOJ, it has been put into a retracement mode. Abe&#8217;s stimulus could be up to $354 billion. Technically the retracement is seen on H1 intraday chart and from a short term trading perspective we could see sell on rallies. 105.10-27 is POC zone (38.2, EMA89, Pin bar) and adding to that is 2 huge pin bars slightly above that are important as they mark near term historical sellers. If we see rallies to POC, we might see fresh shorts. If the pair breaks below 104.30 targets are 104.00 and 103.50. Today&#8217;s <a href=\"http:\/\/www.admiralmarkets.com\/analytics\/forex-calendar\" target=\"_blank\">important data<\/a> is scheduled for 12:30 PM GMT is Unemployment claims so I wouldn&#8217;t be surprised to see the ninja short term selling off 104.80 (L3 camarilla) before the news.<\/p>\n<p>Follow <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/TarantulaFX\" target=\"_blank\">@TarantulaFX<\/a> on twitter for latest market updates<\/p>\n<p><b>Article by Admiral Markets<\/b><\/p>\n<p>Source: <a href=\"http:\/\/www.admiralmarkets.com\/analytics\/technical-analysis\/usd-jpy-pinbar-confluence-formed\" target=\"_blank\">USD\/JPY Pinbar confluence formed<\/a><\/p>\n<hr style=\"border: 1px dotted #eee;\"><a href=\"http:\/\/www.admiralmarkets.com\/\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2016\/03\/AdmiralMarkets-sig-1.png\" align=\"left\" height=\"87\" width=\"141\"><\/a><\/p><div id=\"inves-454173840\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p style=\"text-align: justify;\">Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Admiral Markets The USD\/JPY aka &#8220;The Ninja&#8221; is in downtrend but after latest reports from BOJ, it has been put into a retracement mode. Abe&#8217;s stimulus could be up to $354 billion. Technically the retracement is seen on H1 intraday chart and from a short term trading perspective we could see sell on rallies. [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-93608","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/93608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=93608"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/93608\/revisions"}],"predecessor-version":[{"id":93609,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/93608\/revisions\/93609"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=93608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=93608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=93608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}